Can the industry apply any precepts from the previous downturn? For the past several years.

Can the industry apply any precepts from the previous downturn?

For the past several years, airlines had been ordering of the present day aircraft at a rapid rate, well in exces of historical plains With a strong economy pushing traffic demand up and up there did not strike one as being to be too a great quantity [i]or[/i] amount of risk. It was commonly understood that if push came to press against older aircraft could be parked to ease any excess-capacity situation that expanded

The industry was profitable, although astute regarders had noted that earnings actually had peaked a small in number years earlier and airlines were clearly in succession the ...

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